Mo deals reported at $10.80-11/lb, Asia

摘要

Spot trade of molybdenum oxide powder hasnbeen closing at $10.80-11/lb CIF, althoughntrade was rather lackluster in Asia withnmany Chinese traders continuing to suspendnoffers, market sources said Friday. OnenChinese trader reported a 20 mt powdernsale at $11/lb CIF Southeast Asia, promptnshipment. The deal was closed Thursday. AnJapanese trader said a handful Japanesensteelmakers have asked for increases innDecember deliveries, which are Novembernshipments that are sold on the basis ofnOctober market prices. But two Koreannbuyers said their regular spot suppliers innChina continued to suspend spot trade.